How to View Art as an Asset

In today's market, collectors often ask themselves: 
should they buy fine art with the expectation that, in years to come, that price will perhaps double or even triple?

We set out to answer that question with the help of Evan Beard, the National Art Services Executive with U.S. Trust, Bank of America Private Wealth Management. Headquartered in New York City, Beard and his team work closely with art collectors to help them in lending against their collection, designing philanthropic or estate planning strategies, negotiation at auction, and structuring and managing private foundations. As an authority on art-related investing and financing, Beard directs the end-to-end provision of services to clients in the art world. We asked Beard how collectors should think about art, how he views the opinions of other thought leaders on the topic, and where the next wave of growth in the art market is likely to stem from.
Let's say a client of yours sees fine art as an investment asset. Wh…

Native American Art

Native American Art Is Newly Placed in the Met's American Wing With Major Gifts From Diker Collection

With This Gift, Native American Art Will Now Be Displayed in The Met's American Wing
The Metropolitan Museum of Art announced Thursday the promised gift from Charles and Valerie Diker of 91 works of Native American art—a selection of recognized masterworks from the collection they assembled over more than four decades. Joining another 20 works already given by the Dikers during the past two decades, these examples range in date from the 2nd to the early 20th century, and represent—through a wide variety of aesthetic forms and media—the achievements of artists from many culturally distinct traditions across the North American continent. "These superb works will be an extraordinary addition to The Met collection," said Carrie Rebora Barratt, Deputy Director for Collections and Administration, in making the announcement. "They have been selected from the largest and…

Pink Star Diamond

Huge and rare, the 59.60 carat 'Pink Star' is the largest polished diamond ever to go under the auction hammer. It sold for a record-breaking price to a telephone bidder at Sotheby's in Hong Kong on Tuesday. The final price for the fancy pink diamond, the highest grade, was 553 million Hong Kong dollars, or $71.2 million, including the buyer's premium, representing the highest price ever paid at auction for a cut jewel. Bloomberg reports that the winning bidder was Chow Tai Fook, the Hong Kong-based jewelry retailer. Oppenheimer Blue was previously the most expensive jewel sold at auction. It went for $57.5 million at Christie's last May in Geneva, where jewel auctions usually take place. The former record for a pink diamond was $46.16 million, held by the 24.78 carat Graff Pink, sold at Sotheby's in Geneva in 2010.
Regards, Chris van Dijk.

Twee Zonnen

by author Michelle van Dijk

Myra en Maarten zijn met hun kinderen en wolfshond Faye op vakantie in de Dordogne. Ze verblijven in het huis van Myra’s ouders. Myra en Maarten kampen met relatieproblemen. Het noodlot slaat toe als Maarten tijdens een ruzie met Myra woedend wegloopt en de weg kwijt raakt in het bos. Het schilderachtige woud blijkt het geesteskind te zijn van de Kunstenaar en zijn overleden geliefde, een schrijfster. Terwijl Myra in haar wanhoop alles doet om Maarten te vinden ontmoet Maarten de vervreemde jongen Goedvolk. Maarten krijgt te maken met een jongen, die al zijn hoop op hem heeft gevestigd maar hem soms ook tegenwerkt met het temperament van een puber. Een statig edelhert met een eigenaardig en nors karakter, ontfermt zich over Maarten en Goedvolk en dient als gids op hun reis langs vele barrières. Onderweg worden alle hoofdpersonen gedwongen om een psychische groei door te maken. Hierdoor worden ze geconfronteerd met hun angsten, en donke…

Auguste Rodin and the Physicality of Emotion

By Claudia Moscovici Constantin Brancusi considered Auguste Rodin not only a precursor, but also the first great modern sculptor. “In the nineteenth century,” Brancusi declared, “the situation in sculpture was desperate. Rodin arrived and transformed everything.” In a way, Rodin was fortunate that initially he wasn’t part of the system. Rejected several times by the Ecole des Beaux-Arts, Rodin was not trained according to the rigid academic standards of the time. Nonetheless, he never gave up and showed great confidence in his talent. In 1865, for example, his sculpture The Man with the Broken Nose (1865 and 1875) was initially rejected by the jury of the Salon, partly because the clay fissured and the sculpture cracked in the back of the head. Years later, Rodin redid the sculpture, whom he regarded as his “first good sculpture,” and this time it was accepted by the Salon. Rodin would follow his own path, but like the Impressionists, he also sought acceptance and acclaim by the artist…

Can the Old Masters Be Relevant Again?

Old masters, new world
At Christie’s over the last few weeks, two experts in old master paintings and drawings quietly left the auction house. Their departures followed a year of spotty sales, in which the values of works by old masters — a pantheon of European painters working before around 1800 — fell by 33 percent, according to the 2016 Tefaf Art Market Report. At a time when contemporary art is all the rage among collectors, viewers and donors, many experts are questioning whether old master artwork — once the most coveted — can stay relevant at auction houses, galleries and museums. Having struggled with shrinking inventory and elusive profits, auction houses appear to be devoting most of their attention and resources to contemporary art, the most popular area of their business. “They want to be associated with the new and the now,” said Edward Dolman, chairman and chief executive of Phillips auction house, who spent much of his career at Christie’s chasing works by old masters b…

Marc Mylemans, Balancing Art.

Gallery France is delighted to announce the representation
Marc Mylemans

The paintings by Marc Mylemans are balancing between figurative and abstract. The source of inspiration for a painting is usually a landscape, but the effect in thick oil paint gives the work a form of abstraction. It challenges the interested art lover to look even better, to share and to fill in the canvas itself  and to enjoy the vibrating and playful coloring game.

View more: Gallery France Online